NOT LISTED FOR SALE

2150 Ibis Isle Rd Unit 14 Palm Beach, FL 33480

Estimated Value: $1,800,000 - $2,175,387

2 Beds
2 Baths
1,949 Sq Ft
$986/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $845,000 $434 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $12,940/month

88 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Balcony
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • Lobby

About This Home

As of May 2016

Ibis Island-a rare opportunity to live like you’re on a cruise ship. The apartment boasts a renovated kitchen & baths with Jerusalem stone throughout. From its western exposure you’ll enjoy amazing sunsets over the mainland and beautiful lights across the Intracoastal Waterway and Downtown West Palm Beach. During the day you’ll be watching the boats & jet skis while floating on the Lake. Palm Beach doesn't get any better than this!

Last Listed By

BURTON MINKOFF

The Corcoran Group Listed on: 02/03/2016

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $5,725

Year Built

  • Built in 1969

Lot Details

  • Property fronts an intracoastal waterway
  • Southwest Facing Home

HOA Fees

  • $1,250 Monthly HOA Fees

Parking

  • 1 Parking Space

Interior Spaces

  • 1,949 Sq Ft Home
  • Window Treatments
  • Dining Area
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Washer

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434415240000140

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control
  • 22 Units
  • Tower Vallandry Community
  • On-Site Maintenance
  • 5-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$5,725

Year Built

Built in 1969

Lot Details

0

HOA Fees

$1,250 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Lake Avenue east to A1A, left to Ibis Isle right to Tower Vallandry
  • Building Name: Tower Vallandry
  • Year Built: 1969
  • Location Tax Legal:Name of Building: Tower Vallandry
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 5725.0
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Living Area: 1949.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1250.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 22
  • General Property Description:_pound_ Floors: 5.0
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Exposure of Unit:West2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave, Washer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Other Flooring
  • Interior Amenities: Cable, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 1949.0
  • Stories: 5
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Lobby: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434415240000140
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 22
  • Maintenance Expense: 1250.0

Tax Info

  • Tax Annual Amount: 5725.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2016
Closed on
May 29, 2016
Sold by
Larsen Mariyn and The Lynne D Larsen Living Trus
Bought by
Brodsky James S and Mccarthy Philip E
Seller's Agent
BURTON MINKOFF
The Corcoran Group
Buyer's Agent
BURTON MINKOFF
MCCANN COYNER CLARKE
List Price
$845,000
Sold Price
$845,000
Total Days on Market
88
Current Estimated Value
$1,921,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,076,597
Avg. Annual Appreciation
9.15%
Original Mortgage
$591,500
Outstanding Balance
$414,308
Interest Rate
1.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,444,422

Purchase Details

Closed on
Aug 25, 2008
Sold by
Larsen Lynne D
Bought by
Larsen Marilyn and Larsen Lynne D

Purchase Details

Closed on
Jun 23, 2000
Sold by
Cantor Michael M and Cantor Margaret K
Bought by
Larsen Lynne D

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brodsky James S $845,000 Trident Title Llc
Larsen Marilyn -- Attorney
Larsen Lynne D $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brodsky James S $591,500
Previous Owner Larsen Lynne D $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $845,000 0.0% $434 / Sq Ft
05/01/2016 05/01/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $845,000 -- $434 / Sq Ft
Source: Palm Beach Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,207 $770,077 -- --
2023 $10,951 $747,648 $0 $0
2022 $10,949 $725,872 $0 $0
2021 $11,127 $704,730 $0 $0
2020 $11,142 $695,000 $0 $695,000
2019 $11,374 $695,000 $0 $695,000
2018 $11,009 $695,000 $0 $695,000
2017 $11,241 $695,000 $0 $0
2016 $5,540 $356,146 $0 $0
2015 $5,725 $353,670 $0 $0
2014 $5,749 $350,863 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-305

APN: 50-43-44-15-24-000-0140